FNB PRE-APPROVES OVER 480 000 SME LOANS ANNUALLY
FNB’s deliberate shift away from only using traditional credit scoring methods to a more inclusive data-led cash flow analysis strategy has resulted in over 40 000 SMEs being pre-approved for credit monthly. Through data-led credit scoring, the number of pre-approvals generated by FNB annually, almost represent half of its SME customer base in South Africa, of over 1.2 million clients….


